From John Williams at www.shadowstats.com : – Minimally Weaker-Than-Consensus Labor Numbers— Unremarkable Except for the Regular, Horrendous Reporting Quality – July Unemployment: 6.2% (U.3), 12.2% (U.6), 23.2% (ShadowStats) – Real Construction Spending—Stagnation with a Recent Downside Bias – Economy Remains in Serious Trouble   What this tells us is that the mainstream media keeps … Continue reading Economy Remains in Serious Trouble